Entrepreneurial spirit versus bureaucratic control : differences and tendencies of convergence between the American and German systems of corporate governance
The question of how to best organize the governance structure of corporations in order to reconcile the various interests involved in a corporation has a long history. Legal and economic scholars from around the world have debated the issue since 1937, the year economists Adolf A. Berle and Garde...
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ndltd-LACETR-oai-collectionscanada.gc.ca-QMM.782302014-02-13T04:02:02ZEntrepreneurial spirit versus bureaucratic control : differences and tendencies of convergence between the American and German systems of corporate governanceSuppan, SusanneCorporation law -- United StatesCorporation law -- GermanyThe question of how to best organize the governance structure of corporations in order to reconcile the various interests involved in a corporation has a long history. Legal and economic scholars from around the world have debated the issue since 1937, the year economists Adolf A. Berle and Gardener C. Means identified the agency cost problem inherent in the structure of the modern corporation (i.e. the separation of control from ownership rights).Nowadays this debate has gained an added dimension. The consequences of the increasing globalization of economies raise the question as to whether this will also lead to the harmonization of national systems of corporate governance.More particularly, this thesis analyses the possibility and consequently the direction of convergence between the German and the American system of corporate governance, despite significant differences in their structure, mechanisms and more generally, in the micro and macroeconomic environment.McGill UniversitySmith, Lionel (advisor)2002Electronic Thesis or Dissertationapplication/pdfenalephsysno: 001985337proquestno: AAIMQ88137Theses scanned by UMI/ProQuest.All items in eScholarship@McGill are protected by copyright with all rights reserved unless otherwise indicated.Master of Laws (Institute of Comparative Law.) http://digitool.Library.McGill.CA:80/R/?func=dbin-jump-full&object_id=78230 |
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Corporation law -- United States Corporation law -- Germany |
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Corporation law -- United States Corporation law -- Germany Suppan, Susanne Entrepreneurial spirit versus bureaucratic control : differences and tendencies of convergence between the American and German systems of corporate governance |
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The question of how to best organize the governance structure of corporations in order to reconcile the various interests involved in a corporation has a long history. Legal and economic scholars from around the world have debated the issue since 1937, the year economists Adolf A. Berle and Gardener C. Means identified the agency cost problem inherent in the structure of the modern corporation (i.e. the separation of control from ownership rights). === Nowadays this debate has gained an added dimension. The consequences of the increasing globalization of economies raise the question as to whether this will also lead to the harmonization of national systems of corporate governance. === More particularly, this thesis analyses the possibility and consequently the direction of convergence between the German and the American system of corporate governance, despite significant differences in their structure, mechanisms and more generally, in the micro and macroeconomic environment. |
author2 |
Smith, Lionel (advisor) |
author_facet |
Smith, Lionel (advisor) Suppan, Susanne |
author |
Suppan, Susanne |
author_sort |
Suppan, Susanne |
title |
Entrepreneurial spirit versus bureaucratic control : differences and tendencies of convergence between the American and German systems of corporate governance |
title_short |
Entrepreneurial spirit versus bureaucratic control : differences and tendencies of convergence between the American and German systems of corporate governance |
title_full |
Entrepreneurial spirit versus bureaucratic control : differences and tendencies of convergence between the American and German systems of corporate governance |
title_fullStr |
Entrepreneurial spirit versus bureaucratic control : differences and tendencies of convergence between the American and German systems of corporate governance |
title_full_unstemmed |
Entrepreneurial spirit versus bureaucratic control : differences and tendencies of convergence between the American and German systems of corporate governance |
title_sort |
entrepreneurial spirit versus bureaucratic control : differences and tendencies of convergence between the american and german systems of corporate governance |
publisher |
McGill University |
publishDate |
2002 |
url |
http://digitool.Library.McGill.CA:80/R/?func=dbin-jump-full&object_id=78230 |
work_keys_str_mv |
AT suppansusanne entrepreneurialspiritversusbureaucraticcontroldifferencesandtendenciesofconvergencebetweentheamericanandgermansystemsofcorporategovernance |
_version_ |
1716643811636019200 |